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Any major diversion of corn usage towards ethanol production would severely impact India's poultry sector. Modi govt's target of E20 by 2025 needs 2G biofuels.
The Cabinet Committee on Economic Affairs raised the price of ethanol extracted from sugarcane juice to Rs 63.45 per litre from the current Rs 62.65 per litre.
Paddy, wheat farmers from Lakhimpur Kheri noted they are often forced to sell their produce to commission agents as government officials cite various excuses to avoid buying their produce.
The BKU chief remarks come in the wake of Yogi Adityanath announcing a Rs 25 per quintal hike in the purchase prices of sugarcane in UP, taking it to Rs 350 per quintal.
UP is home to 35 lakh sugarcane farming families, and the agrarian crisis is set to play a key role in next year’s state assembly elections.
Union Cabinet has approved the highest-ever FRP for sugarcane farmers at Rs 290/quintal, a hike of Rs 5 from last year. New rates will come into effect from October.
A BJP MP delegation held a meeting with CM Yogi Adityanath amid fears that the static SAP in the state is leading to resentment among sugarcane farmers.
Sugarcane production is set to surge by 7.3% to 397.66 MT, while foodgrains, oilseeds and other crops will likely hit record levels too.
Anger over the sugarcane situation is resonating across the crop belt in western UP even as the farmers’ agitation around Delhi is fast spreading to this Jat dominated region.
Farmers in Maharashtra are selling cane in the cattle-feed market for as much as Rs 3,500 a ton compared with a govt-set price of about Rs 2,750.
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